Is the DBI Form 4 for Deborah Ferree a share purchase or sale?

The DBI Form 4 shows no open-market purchase or sale . Instead, Ferree received a grant of restricted stock units as compensation, which increases her equity-based holdings without any cash paid or shares sold in the market.

Designer Brands (NYSE: DBI) awards 236,485 restricted stock units to director Ferree

Q: How many restricted stock units did Deborah Ferree receive from Designer Brands (DBI)?

She received 236,485 restricted stock units . Each unit represents a contingent right to one Class A common share, so the award links directly to 236,485 potential future shares of Designer Brands Inc., subject to the plan’s vesting or settlement terms.

Q: When do the reported DBI restricted stock units for Deborah Ferree expire?

The restricted stock units carry an expiration date of April 2, 2029 . By that date, the units would generally be expected to vest, settle into shares, or lapse according to the company’s equity incentive plan and award agreement terms.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Designer Brands Inc. director and officer Deborah L. Ferree received a grant of 236,485 restricted stock units on Class A common shares. Each unit represents a contingent right to receive one Class A common share at no exercise price, with the award scheduled to vest or settle by April 2, 2029. Following this grant, her reported derivative holdings in these restricted stock units total 236,485 units, reflecting compensation rather than an open‑market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ferree Deborah L

Role V. Chair; Ch Product Off

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	236,485	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 236,485 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

RSU grant size: 236,485 units Exercise price: $0.00 per unit Underlying shares: 236,485 shares +3 more

6 metrics

RSU grant size 236,485 units Restricted stock units granted on April 2, 2026

Exercise price $0.00 per unit Conversion or exercise price for RSUs

Underlying shares 236,485 shares Class A common shares underlying the RSUs

Holdings after transaction 236,485 units Total restricted stock units reported following grant

Grant date April 2, 2026 RSU transaction date

Expiration date April 2, 2029 RSU expiration/settlement date

Key Terms

Restricted Stock Unit, Class A Common Shares, grant/award acquisition, derivative

4 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit" and related footnote"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Class A Common Shares financial

"underlying_security_title: "Class A Common Shares""

A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

derivative financial

"transaction_type: "derivative""

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 05:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ferree Deborah L

(Last)

(First)

(Middle)

810 DSW DRIVE

(Street)

COLUMBUS

OHIO

43219

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Designer Brands Inc. [ DBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	V. Chair; Ch Product Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	04/02/2026		A		236,485		04/02/2029	04/02/2029	Class A Common Shares	236,485	$0.0000	236,485	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.

	Katherine Alfano, Attorney-in-Fact	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Deborah L. Ferree report for DBI?

Deborah L. Ferree reported receiving 236,485 restricted stock units in Designer Brands Inc. This is a compensation-related equity award, not an open-market trade, and gives her a contingent claim on an equal number of Class A common shares.

How many restricted stock units did Deborah Ferree receive from Designer Brands (DBI)?

She received 236,485 restricted stock units. Each unit represents a contingent right to one Class A common share, so the award links directly to 236,485 potential future shares of Designer Brands Inc., subject to the plan’s vesting or settlement terms.

What does each restricted stock unit in the DBI filing represent?

Each restricted stock unit represents a contingent right to receive one share of Designer Brands Inc. Class A common stock. The units typically convert into actual shares if specified vesting or service conditions are satisfied over time.

When do the reported DBI restricted stock units for Deborah Ferree expire?

The restricted stock units carry an expiration date of April 2, 2029. By that date, the units would generally be expected to vest, settle into shares, or lapse according to the company’s equity incentive plan and award agreement terms.

How many DBI restricted stock units does Deborah Ferree hold after this transaction?

After this grant, Ferree’s reported derivative holdings in this award total 236,485 restricted stock units. This figure reflects her position in this specific class of equity-based compensation disclosed in the Form 4 filing.